Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 24 Years for Slovak Republic
LRUN24MASKA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.38
Year-over-Year Change
-45.22%
Date Range
1/1/1999 - 1/1/2024
Summary
The Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 24 Years for Slovak Republic measures the percentage of unemployed men aged 15 to 24 in the Slovak labor force. This metric is crucial for analyzing youth employment trends and informing economic policies.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series tracks the unemployment rate specifically for young men in Slovakia. It is an important indicator of labor market conditions and economic opportunity for this demographic group.
Methodology
The data is collected through household surveys conducted by the Slovak Statistical Office.
Historical Context
Policymakers and economists use this trend to assess the health of the Slovak labor market and develop targeted programs to support youth employment.
Key Facts
- Unemployment rate for men aged 15-24 in Slovakia.
- Provides insight into labor market conditions for young workers.
- Crucial data for developing targeted economic policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unemployment rate specifically for men aged 15 to 24 in the Slovak labor force.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for analyzing youth employment trends and informing economic policies aimed at supporting this demographic group.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Slovak Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the health of the Slovak labor market and develop targeted programs to support youth employment.
Q: Are there update delays or limitations?
A: The data is provided on an infra-annual basis, so there may be some delay in the most recent updates.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 24 Years for Slovak Republic (LRUN24MASKA156N), retrieved from FRED.